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Cash payment limit for the financial year 2013-14

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 December 2013 I HAVE HEARD THAT THE CASH PAYMENT LIMIT EXCEEDED FROM Rs.20000 TO Rs.35000.00 AS PER INCOME TAX ACT FOR THE FINANCIAL YEAR 2013-14. PLEASE CLARIFY
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TRINATH

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TRINATH (Expert)
26 December 2013 CASH PAYMENT LIMIT RESTRICTED TO 20,000/- ONLY
35000 FOR TRANSPORTERS ONLY

THNKS
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TRINATH

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TRINATH (Expert)
26 December 2013 REFER 40A(3)(a)


Tnks,
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